12327 NE 6th AVE, North Miami, FL 33161
$1,450,000
Est. payment /mo
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3,397 SqFt
Active

12327 NE 6th AVE North Miami, FL 33161

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,397 sqft

Price per Sqft $426

MLS Listing ID A12047731

HOA Y/N No

Year Built 1954

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Mixed Use

Sub Type Mixed Use

Property Description

Listing DescriptionExceptional Mixed-Use Investment Opportunity | Prime North Miami LocationUnlock the potential of this outstanding mixed-use commercial property located in the heart of North Miami. This income-producing asset offers an excellent opportunity for investors seeking stable cash flow with long-term appreciation potential.Currently generating $10,000 per month ($120,000 annually), the property delivers an attractive 5.45% cap rate based on current income and operating expenses. Featuring a combination of commercial and residential components, this asset benefits from multiple income streams and strong demand in one of Miami-Dade County's most active growth corridors.Property Highlights* Mixed-use investment property* Prime North Miami location* Current Gross Income: $120,000 annually* Estimated NOI: $90,000 annually* 5.45% Cap Rate* Strong visibility and accessibility* Excellent long-term appreciation potential* Ideal for investors completing a 1031 Exchange or expanding their commercial portfolio

Location

State FL

County Miami-dade

Area 2220

Zoning 6000

Zoning 6000

Interior

Interior Features InteriorFeatures

Fireplace No

Interior Features InteriorFeatures

Exterior

Parking Features Free Parking

Others

Tax ID 0622300320321


BeachesMLS, Inc. (FLR) IDX
Listed by Harry F Andrade Real Estate Sales Force

NEARBY SCHOOL & BUSINESS

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Dylan Snyder

Dylan Snyder

Agent | SLSL698137

+1(561) 951-9301

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12327 NE 6th AVE